Years of Experience
For those who claim five to nine years of work experience, pay on average amounts to $112K per year. For those with one to four years of experience, median paychecks reach $91K annually. The greater proportion of employees (37 percent) report 10-19 years of experience and bring home median pay of $136K per year.
Senior Principal Engineers earn the highest median pay at around $157K annually, followed by Semiconductor Principal Engineers (about $148K), Senior ASIC Design Engineers (approximately $139K), and Principal Software Engineers ($134K). Near the bottom at Broadcom Corporation are Staff Design Engineers, pulling in an average of just approximately $96K.
When it comes to location, the highest average paycheck (about $136K per year) can be spotted in San Jose, Calif.; Santa Clara, Calif. ($130K), Sunnyvale, Calif. ($122K), and San Diego, Calif. (around $116K) are the next top-paying cities. Fort Collins, Colo. ranks low on the pay scale — at $95K, it is one of the lowest-paid cities. U.S. pay levels are highest in the state of Minnesota; salaries there average to $145K annually.
Certifications and Degrees
Salaries approach approximately $134K per year for Project Management Professionals; non-accredited workers make much less. The best paid folks at Broadcom Corporation have a Master of Engineering (MEng / ME), earning around $146K annually.
In this role, the best-paying skill appears to be verilog; individuals who claim it among their capabilities enjoy a higher median salary of $138K per year. One of the more prevalent skills at Broadcom Corporation is C programming Language, with about one in five considering it a key competency. Engineering Design, C++ Programming Language, and Verilog Vhdl were also reported by many survey participants.
Men make up the majority of employees who took the survey in a male-to-female ratio of more than 3 to 1.
Benefits and Perks
Paid time off is in short supply here, with only 31 percent receiving paid vacation and 22 percent receiving paid sick days. Almost all employees allocate some part of their earnings to the company-sponsored 401(k) savings plan. Broadcom Corporation provides health insurance to nearly all employees, and a large number of survey participants do receive dental coverage. Advantages of working here also include a stock purchase plan, a casual working environment, stock options, and free drinks.